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How to Read And Learn More Effectively (Ep. 48)

The Inforium

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Is the UK Model of Student Loans a Good Idea?

When you graduate, the amount you pay back is capped at 10% of your salary. The universities are capped and what they can charge for tuition,. I believe it's 9,000 pounds a year or a semester. So if you don't make 30,000pound a year, you don't have to pay back until you do. And if you make a crap ton of money, then you may be paying back a little more than you took out.

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